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Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) disinvestment programme of Coal India, which expects to launch the public offer by July-August this year.
"An Inter-Ministerial Group, comprising Coal Secretary, Disinvestment Secretary and eight other officials from different ministries, has been formed. It was notified on Friday," a person in the know of the development said.
The panel would be responsible for selecting book runners-cum-lead managers (BRLMs) to manage the initial public offer (IPO) of the country's largest coal producer and would decide about pricing and timing of the issue, among others.
Paving the way for smooth sail of IPO, the coal giant, on Friday last week, took its trade unions on board for disinvestment plan, which is expected to be cleared by the Cabinet by thismonth-end or early May, a senior Coal Ministry official said. The unions were opposed to the sell off.
The proposed share sale in CIL is part of the government broad disinvestment plan which aims to raise around Rs 40,000 crore (US$ 9.039 billion) through partial stake sales in PSUs like SAIL, Coal India and Engineers India Ltd in the current fiscal. (1 USD = 44.2500 INR) Red more Economic Times
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Tuesday, 30 November 99
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Showing 6871 to 6871 news of total 6871 |
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- Dalmia Cement Bharat India
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- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
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- Holcim Trading Pte Ltd - Singapore
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- Sical Logistics Limited - India
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- CNBM International Corporation - China
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
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- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
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- Georgia Ports Authority, United States
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- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
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- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- The University of Queensland
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- Bhatia International Limited - India
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- Directorate Of Revenue Intelligence - India
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- Economic Council, Georgia
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- Gujarat Sidhee Cement - India
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- Commonwealth Bank - Australia
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- LBH Netherlands Bv - Netherlands
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- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
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- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Parliament of New Zealand
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- Ministry of Mines - Canada
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- Deloitte Consulting - India
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- Indonesian Coal Mining Association
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- London Commodity Brokers - England
- Indogreen Group - Indonesia
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- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
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- White Energy Company Limited
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- The Treasury - Australian Government
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